Miscellaneous News

Abominable

Major
Registered Member
Pakistan was on course to start reversing its rotten economy but then the US came along with the treasonous Pakistani military and couped him. The whole point of what ZeEa5KPul is saying is that Pakistan is doomed to stay as it is, pardon my words, basically a shole.

The reason is that its institutions are corrupt, whenever someone comes to fix something and he rattles some local interests, he is quickly deposed. To come back at the initial point, yes, Pakistan is a failure (a big one actually)
What economic policies did the new regime enact that caused it to become a shithole within a few months?
 

Overbom

Brigadier
Registered Member
What economic policies did the new regime enact that caused it to become a shithole within a few months?
The political destabilisation from the coup significantly hurt investor/lenders confidence to Pakistan. Overseas Pakistans who were sending hard currency ($) were also shaken by the shambolic politics and economics and also slowed down sending remittances back to Pakistan.

All combined, trashed their currency which made imports (priced in $$$) a lot more expensive in a span of a few months which destabilised businesses and lowered their foreign reserves.

All that combined, again, formed a circle of weakened currency -> weakened primary imports -> weakened exports -> weakened domestic economy -> weakened investors confidence->repeat

Pakistan is genuinely screwed

IMG_20230128_004856.jpg
 

alfreddango

Junior Member
Registered Member
The political destabilisation from the coup significantly hurt investor/lenders confidence to Pakistan. Overseas Pakistans who were sending hard currency ($) were also shaken by the shambolic politics and economics and also slowed down sending remittances back to Pakistan.

All combined, trashed their currency which made imports (priced in $$$) a lot more expensive in a span of a few months which destabilised businesses and lowered their foreign reserves.

All that combined, again, formed a circle of weakened currency -> weakened primary imports -> weakened exports -> weakened domestic economy -> weakened investors confidence->repeat

Pakistan is genuinely screwed

View attachment 106054
they're also negotiating with the imf for some debt relief iirc
 

Abominable

Major
Registered Member
The political destabilisation from the coup significantly hurt investor/lenders confidence to Pakistan. Overseas Pakistans who were sending hard currency ($) were also shaken by the shambolic politics and economics and also slowed down sending remittances back to Pakistan.

All combined, trashed their currency which made imports (priced in $$$) a lot more expensive in a span of a few months which destabilised businesses and lowered their foreign reserves.

All that combined, again, formed a circle of weakened currency -> weakened primary imports -> weakened exports -> weakened domestic economy -> weakened investors confidence->repeat

Pakistan is genuinely screwed
Being dependent on remittances is a poor way for a country to manage their economy. If Pakistan was dependent on that then the problem was already there.

Why would people stop sending remittances? Migrants who do that do so to support their families back home, that will continue regardless of who is in power.
 

supercat

Major
unfortunately, India is only food self sufficient for a very flexible definition of 'food' and 'self sufficient'.

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, Chinese eat 2990 calories.
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.

For comparison,
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calories is the best way, and Indians eat 20% less calories than Chinese.
Malnutrition is a devastating problem for India because it's one of the most important reasons for low IQ.

Another attempt by these perpetual Western loving hanjians to further besmirch China.

I have no patience to watch the whole clip. It seems that a Chinese female diaspora reporter is scouring rural China for evidence of burning corps.

Everyone is (predictably) preparing for war in the 2025
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Either they have some information about events over the Taiwan Strait in 2025, or they are just warmongering for more money. BTW, I don't know how Taiwanese will view their future. But mainland Chinese are optimistic.

Then and now:
 

Overbom

Brigadier
Registered Member
I think Allah preferred it when Imran Khan was in charge.
I think Allah would prefer if people stop using his name to fool people that things would magically get better without any real effort lol

That's the number 1 reason why religion is so dangerous. Conmen easily exploit people's stupidity and use religion to make people sheep. The real opium has always been religion
 
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